WELLMAN HEALTHCARE GROUP INC. — financial and operating metrics

CCN 225763, PALMER, MA · Medicare cost reports, FY2022–FY2024

Unverified figures. Metrics marked unverified are derived from cost-report coordinates that have not yet been reconciled against audited financial statements. We show you which, rather than hiding it.

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MetricFY2022FY2023FY2024
Total facility bedsunverified616161
Total bed days availableunverified22,26522,26522,326
Total inpatient daysunverified19,79820,41920,577
Total patient revenue (gross charges)unverified$6,143,968$6,370,283$6,964,305
Contractual allowances and discountsunverified$198,000$120,127$142,043
Net patient revenueunverified$5,945,968$6,250,156$6,822,262
Total operating expensesunverified$6,539,475$6,843,635$6,899,396
Net income from service to patientsunverified$-593,507$-593,479$-77,134
Net income (loss) for the periodunverified$-369,718$-506,044$181,937
Operating marginunverified-10.0%-9.5%-1.1%
Occupancy rateunverified88.9%91.7%92.2%
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